MicroAlgo Inc. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported revenue was CNY 263.64 million compared to CNY 345.77 million a year ago. Net loss was CNY 37.07 million compared to net income of CNY 15 million a year ago.

Basic loss per share from continuing operations was CNY 8.5 compared to basic earnings per share from continuing operations of CNY 0.5 a year ago.